Economy

And the plot thickens…

South African Reserve Bank governer Tito Mboweni’s anouncement of the 50 basis points interset rate hike earlier today might not have been such a surprise, albeit for South Africans this means tightening their belts even further… Fin24’s article, “Rates horror continues” states that Tito Mboweni took the spirit out of Christmas shopping for many borrowers when [...]